Closing Out a Great Trading Week

Weekly Wrap-Up

We absolutely crushed on the options front this week. This occurs on a weekly basis to some extent, but our success this week was especially pronounced.

We had just gotten finished yesterday morning updating readers on the 200%+ gains made by our CAT calls in the previous session (which added new highs yesterday, by the way), when we submitted three fresh options trading ideas.

 We are pleased to report that two out of three of our newly submitted ideas produced opportunities for multi-bag gains for ourselves and our readers, with the third coming awfully close. Here’s the breakdown: 

AZN Weekly $46-47 Calls
$46 Calls – Range: 
.33-1.25 – Max Gain: 279%
$46.50 Calls – Range: .20-.60 – Max Gain: 200%
$47 Calls – Range: .15-.45 – Max Gain: 200%

PYPL Weekly $104-105 Calls
$104 Calls – Range: 
.75-1.51 – Max Gain: 101%
$105 Calls – Range: .35-.80 – Max Gain: 129%

MSFT Weekly $138-139 Calls 

$138 Calls – Range: 1.35-2.50 – Max Gain: 85%
$139 Calls – Range: .83-1.65 – Max Gain: 99%

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Fresh Options Ideas:
INTC Weekly $52.50-54 Calls*

*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.


Black Cactus Global, Inc. BLGI

Thanks to our dear trader friend, Mark S. who has been a longtime follower of ours, for sending us a PM in the premarket relaying the fact that the company just reinstated with the SOS.

That led to us including BLGI in yesterday’s extended watchlist, and the stock subsequently made a move from .0069-.0265, for an upswing of  284% on the day!

Having a solid community of respected members is what we thrive on, and encourage others to join. If you have something that warrants the rest of our readers’ attention, feel free to reply to one of our daily email reports! (You have to be subscribed first!). We hope you consider joining us, and have a great weekend!


Extended Watchlist:
BIOC, USLV, CPST, TEUM, ALIM, FSM, DEST

Blue Horseshoe Stocks: GNCA Review & More

OPTIONS REVIEW

We wrapped things up on Friday by going over some of our successes for the week,. and we also provided readers with a couple of quick strike options ideas for Friday’s session itself. It should come as no surprise, given the sheer numbers of winners we routinely unearth, that both of our ideas proved to be excellent chances to finish the week on a very high note.

Here are the ideas along with the total possible gains that could have been achieved on the day.

OKTA Weekly $111-113 Calls
$111 Calls – Range: 2.20-8.62  – Max Gain: 292%
$112 Calls – Range: 1.81-7.69 – Max Gain: 325%
$113 Calls – Range: 1.28-6.20 – Max Gain: 384%

BIG 06/21 $30-32.50 Calls
$30 Calls – Range: .15-.35   – Max Gain: 133%
$32.50 Calls – Range: .05-.15 – Max Gain: 200%
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SPY OPTIONS:
If the SPY can break 275.27, we’ll be looking at the Weekly $275.50 Calls, and if it falls below 274.50, we’ll be tracking the Weekly $274 Puts.


Genocea Biosciences, Inc. GNCA

We originally began tracking GNCA in our very first report of the new year (01/02) and we wanted to follow up with it now, five months later, as we are very impressed with where the stock has ended up. The stock actually set its 2019 low of 2.50 on January 2nd and it hasn’t looked back since.

By the end of February, the stock had doubled to five dollars, and now, it has doubled again. This morning in premarket trading, we’ve witnessed a new of 12.22 from GNCA, representing an total rise of 388% over our observed low. We’re going to be very interested to see what it’s going to do in this newfound blue-sky territory.


Extended Watchlist:
AMPG, MRTX, CYTR, AIMT, TRVN, APL, HEB, FSM, MYT, IGLD, VSTM, LODE

Blue Horseshoe Stocks: Winning LVS Options & More

Las Vegas Sands Corp. LVS – Options Recap

To correspond with the surprise news that Macau gambling revs broke a two year pattern of disappointment, we prepared ourselves with a few options ideas yesterday, and while they all provided opportunities to an extent, the one that shone through as the clear winner was Las Vegas Sands.

We zeroed in on the LVS Weekly $51-52.50 Calls for potential daytrading chances, and regardless of the chosen strike price, multi-bag intraday gains were there for the taking. The possible profits were as follows:

$51 Calls – Range: 1.18-2.83 – Max Gain: 140%
$51.50 Calls – Range: .85-3.36 – Max Gain: 295%
$52 Calls – Range: .40-1.82 – Max Gain: 355%
$52.50 Calls – Range: .30-1.62 – Max Gain: 440%



Kibush Capital Corp. DLCR

After alerting DLCR in Wednesday morning’s premarket report, the stock has gone on a heck of a two-day run for us. Yesterday we mentioned that we’d keep an eye out for a continuation of the uptrend, and got just what we were looking for as the stock streaked to new highs for us.

It traded in a range from .0036-.0071, falling just shy of a double-bagger with a 97% intraday push, and from the low we observed on Wednesday morning subsequent to our initial report (.00297), it represented a two-session overall increase of 139%


Ocean Rig UDW Inc. ORIG

We’ve also got a potential bottom-play hitting our scanner this morning in ORIG, so we wanted to make mention of that as well.

All it takes is a quick glance at the chart to see why we’ll be interested in tracking the activity in this stock in sessions to come. We’ve got a strong double-bottom signal, a bullish MACD cross in progress, and the RSI is indicating that ORIG is presently oversold.

These are all factors we routinely search for, and when coupled with a sizable gap on the chart to the upside, and the fact that it was trading at three times its current price less than a month ago, we’ll certainly want to watch this one closely.


Extended Watchlist:
BTG, FSM, NGD, TRUU, CCLX, ICLD,